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20121121
20121121
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florida home yesterday and charged. cohen gen again was taken aback that federal investigators were involved. the hedge fund founder said he'll keep doing what he does. he's told staff members to just keep their heads down and continue trading as they always do. it is important to note that sac has had great returns in recent years. this year they're north of 10% up side. as a result investors have been very loyal to sac over the years and its capital base has grown. however one funds manager told me this morning that under pressure from some other investors of his own who are uncomfortable with the sac situation, he's been forced to redeem his firm's capital from sac. it is not a large amount and it is very unclear whether other investors will follow suit or not. but at the same time it kind of tells that you this recent set of events is touching a nerve among some investors, and perhaps some employees as well who seem a bit shaken. >> kate, stay with us. we'll bring in greg zuckerman with the "wall street journal." he's been tracking this story closely as well. greg, you've been f
Search Results 0 to 0 of about 1